# Surprise WASDE Sends Corn to Limit Losses

> DTN reports that the August WASDE surprised the market, with corn production at 13.901 billion bushels, yield at 169.5 bushels per acre and planted acres at 90 million, all above pre-report estimates. December corn fell 25 cents to limit losses, September wheat fell 25 to 27 cents, and November soybeans fell 12.5 cents, while the soybean report was mildly supportive.

- Date: 2019-08-13 · published 2019-08-13T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/57547-surprise-wasde-sends-corn-to-limit-losses
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn supply well above trade estimates and lower US corn export and ethanol use forecasts weigh on feed grain prices, while the soybean report gives only slight support.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2019-08-14 | 5 | -7.6% | -3.3 | DTN confirms the bearish WASDE (13.9 bn bu production, 169.5 yield, 90M acres) above trade estimates sent December corn limit down, a direct supply-driven shock. |
| CORN | 2019-08-11 | 1 | -3.7% | -3.3 | The August WASDE put corn production, yield and acres above pre-report estimates, so December corn fell to limit losses on larger supply. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-10 | [WASDE surprise sends market sharply lower \| Saxo](https://feedsoft.ai/events/62982-wasde-surprise-sends-market-sharply-lower-saxo.md) | -3.5% | +1.4% |
| CORN | 2026-10-11 | [Cattle futures rally on bullish WASDE corn surprise](https://feedsoft.ai/events/17198-cattle-futures-rally-on-bullish-wasde-corn-surprise.md) | -0.7% | -3.7% |
| CORN | 2019-06-28 | [USDA Reports Surprise Sends Corn Market Reeling](https://feedsoft.ai/events/58539-usda-reports-surprise-sends-corn-market-reeling.md) | -2.0% | -4.5% |
| CORN | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +0.8% | -4.7% |
| CORN | 2023-11-09 | [Surprise USDA corn yield upgrade leads to record-large corn crop](https://feedsoft.ai/events/33116-surprise-usda-corn-yield-upgrade-leads-to-record-large-corn-crop.md) | -1.5% | -1.0% |
| WHEAT | 2018-09-10 | [WASDE surprise sends market sharply lower \| Saxo](https://feedsoft.ai/events/62982-wasde-surprise-sends-market-sharply-lower-saxo.md) | +0.2% | -3.3% |
| WHEAT | 2025-12-16 | [December WASDE Surprises Corn and Wheat Markets \| CZ app](https://feedsoft.ai/events/21444-december-wasde-surprises-corn-and-wheat-markets-cz-app.md) | +0.3% | +0.5% |
| WHEAT | 2021-12-09 | [No Surprises in December WASDE \| Feed & Grain](https://feedsoft.ai/events/43525-no-surprises-in-december-wasde-feed-and-grain.md) | -6.6% | -3.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/08/12/surprise-wasde-sends-corn-limit

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.